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Friday, April 3, 2009

Feb exports slide but better than forecast (BT)

MALAYSIA’s exports slid 15.9 per cent in February from a year ago, much slower than January and better than expected, government data showed today, following a regional trend.

Exports fell to RM39.59 billion (US$11.01 billion) from a year earlier, compared with a 27.8 per cent drop in January which was the biggest in nearly 30 years due to slow global demand and weak commodities prices.

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